investing into a cd is only 5%. i'm not looking for it as a retirement.. but .. am looking to invest for the next few years. i dont know anything about the stock market.. and i dont know much about investment..
any advice ?
2007-02-16 07:33:51 · 5 answers · asked by nola_cajun 6 in Business & Finance ➔ Investing
You can currently get 5.22% at Vanguard. If you want much higher than that, you are going to have to invest in something that has some risk.
If you are willing to take on more risk, try mutual funds or stocks.
2007-02-16 07:50:15 · answer #1 · answered by Anonymous · 1⤊ 0⤋
If you want your money to be guaranteed, then look at CDs or gov't bonds.
If you are willing to take some risks and potentially lose some of it, then you can invest in stocks, corp bonds, mutual funds, etc.
A fairly low risk investment would be to buy into a low cost "balanced" mutual fund, that has a roughly even split between bonds and stocks. Make sure the fund has no commissions (called a No Load fund) and has a low expense ratio of under 1%.
If you are willing to take more risk, a good index fund, say of the S&P 500 or total stock market index might be a good thing try. These funds actually own all the stocks in that particular index. Again, look for no commission and this time, an even lower expense ratio of less than 0.5%, since it's not actively managed.
2007-02-16 07:40:55 · answer #2 · answered by Uncle Pennybags 7 · 1⤊ 0⤋
5% after taxes likely to be at or below inflation rate so you make nothing or lose purchasing power. SNH - Senior Housing Trust - is a fine reit that yields about 5.3% but likely to return in double digits though not as much as other yrs. No 1 makes money lending as in cds. Banks make money lending other peoples money. MAV is a municipal bond trust that yields over 5% federally tax free. There is risk if interest rates rise but at least there is hope. You WILL fail if stay with a bank. Might succeed if start acct @ schwab.com or the like. Feel free to contact via answers.
2007-02-16 09:34:20 · answer #3 · answered by vegas_iwish 5 · 0⤊ 1⤋
The best money investment is investing in shares .By investing in shares you get benefit in two ways, that is , capital gains and the dividends. They give high returns and are for long terms.Check the website link below for more information on shares and stock trading
.
http://money-review-site.com/shares.html
http://www.smart-investments.org/Best-Stock-Investments/How-To-Invest-In-Stock.php
2007-02-16 10:14:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I know a company currently offering 38.90% annually without risk in USD or EUR.
Top 4 Answerer.
2007-02-16 09:14:36 · answer #5 · answered by Anonymous · 0⤊ 3⤋